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SEGMENT REPORTING
4 Months Ended
Jan. 22, 2023
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our principal business consists of developing, operating and franchising our Jack in the Box and Del Taco restaurant brands, each of which we consider a reportable operating segment. This segment reporting structure reflects our current management structure, internal reporting method and financial information used in deciding how to allocate our resources. Based upon certain quantitative thresholds, each operating segment is considered a reportable segment.
We measure and evaluate our segments based on segment revenues and segment profit. Our measure of segment profit excludes depreciation and amortization, share-based compensation, company-owned life insurance (“COLI”) gains/losses, net of changes in our non-qualified deferred compensation obligation supported by these policies, acquisition, integration, and restructuring costs, gains on the sale of company-operated restaurants, and amortization of favorable and unfavorable leases and subleases, net. The following table provides information related to our operating segments in each period (in thousands):
Sixteen Weeks Ended
January 22,
2023
January 23,
2022
Revenues by segment:
Jack in the Box$366,917 $344,711 
Del Taco160,179 — 
Consolidated revenues$527,096 $344,711 
Segment operating profit:
Jack in the Box$104,426 $90,664 
Del Taco12,084 — 
Total segment operating profit$116,510 $90,664 
Depreciation and amortization19,402 12,496 
Acquisition, integration, and restructuring costs1,651 3,013 
Share-based compensation3,534 1,018 
Net COLI (gains) losses(5,724)445 
Gains on the sale of company-operated restaurants(3,825)(48)
Amortization of favorable and unfavorable leases and subleases, net541 — 
Earnings from operations$100,931 $73,740 
Total capital expenditures by segment:
Jack in the Box$15,256 $9,401 
Del Taco8,772 — 
Total capital expenditures$24,028 $9,401 
Total depreciation and amortization by segment:
Jack in the Box$11,029 $12,496 
Del Taco8,373 — 
Total depreciation and amortization$19,402 $12,496 
We do not evaluate, manage or measure performance of segments using asset, interest income and expense, or income tax information; accordingly, this information by segment is not prepared or disclosed.